Recap

It was another positive week for the U.S. dollar, which found support from speculations that the Fed will keep its interest rates higher for longer. But the same hawkish sentiments didn’t do the other major currencies favors, as weak…

The U.S. dollar had a stellar week thanks to updates showing the U.S.’s economic resiliency relative to the globe, building the case for another Fed rate hike ahead.The Loonie came in a close second thanks to a strong move higher in oil…

After a slow start, the major financial asset classes jumped into anti-Dollar mode thanks to a heavy U.S. calendar showing signs of economic growth cracking. This lifted prospects of the Fed nearing the end of its tightening cycle, which…

Shifting rate hike and recession odds moved the major currencies around this week, mainly sparked by U.S. reports that pointed to a less hawkish Fed.Meanwhile, talks of higher interest rates in the Eurozone while the region is still…

Risk sentiment tossed and turned throughout the week leading to a mostly choppy market as traders balanced broad recession fears with major economic & central bank event updates. The market spotlight was on Chinese stimulus updates…

This week kicked off with an underwhelming PBOC announcement, before the spotlight turned to mostly downbeat PMI readings and the Jackson Hole Symposium. A bit of risk-taking and anti-dollar sentiment lifted the commodity currencies…

Stronger-than-expected U.S. and U.K. data releases supported hawkish biases for the Fed and BOE, boosting both the U.S. dollar and British pound to the top of this week’s rankings. Meanwhile, China’s growth concerns kept a lid on the…

It was a busy week for repricing monetary policy expectations, as central bank meeting minutes and top-tier data prints supported a longer period of high-interest rates for the major economies. Meanwhile, concerns over China’s growth and…

Rising tensions in Ukraine and resilient economic data from major economies has left traders seeking higher interest rates and risk averse. No wonder commodity linked currencies such as the New Zealand dollar fell while safe havens such…

Global growth and concerns about rising interest rates pushed the New Zealand dollar to the bottom of the forex heap this week. Meanwhile, strong US data inspired the Fed's hawkish bets and pushed the US dollar higher across the board.…